In January-March of this year, Ukraine’s steelmaking companies reduced their revenues from ferrous metal exports by 3.2% year-on-year to $728.686 million.
According to statistics released by the State Customs Service (SCS) on Tuesday, ferrous metals accounted for 7.32% of total export revenues during this period, compared to 7.48% in January-March 2024.
In March, export revenues amounted to $309.487 million, while in the previous month they amounted to $200.430 million.
At the same time, Ukraine increased imports of similar products by 12.7% to $363.674 million in January-March 2025. In March, products worth $135.509 million were imported.
In addition, in January-March 2025, Ukraine increased exports of metal products by 3.5% to $238.045 million. In March, they were exported for $93.423 million.
Imports of metal products decreased by 3.3% to $225.655 million over the same period. In March, these products were imported for $87.574 million.
As reported earlier, in 2024, Ukraine’s steelmaking companies increased revenues from ferrous metal exports by 16.9% year-on-year to $3 billion 96.343 million. At the same time, Ukraine increased imports of similar products by 13.1% last year to $1 billion 478.814 million.
In 2023, Ukraine reduced revenues from exports of ferrous metals by 41.6% compared to 2022, to $2 billion 647.72 million, with ferrous metals accounting for 7.3% of total revenues from exports of goods during this period, while in 2022 the share was 10.3%. At the same time, in 2023, Ukraine increased imports of similar products by 37% to $1 billion 307.05 million.
In addition, in 2023, Ukraine decreased exports of metal products by 16.6% year-on-year to $877.92 million, while imports of metal products increased by 40.3% to $902.57 million.
